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New Zealand Mail, Issue 978, 28 November 1890, Page 15

The Parnellite business has (says a London correspondent) cost The Times £IBO,OOO. That is the exact figure, everything ineluded, and it has been paid by the shareholders of the paper foregoing their dividends for last year and for the first six months of this year. The Walters, however, are not losers to the extent oommonly supposed, for John Walter stands towards the paper in a two fold capacity. He is owner of sixteen shares out of sixty, and the dividend on each share for 18S9 was £3OOO. Therefore John Walter’s loss was, on his sixteen shares, £48,000. But he is also printer of j the Times, and this printing business is kept separate from the publishing. He supplies paper, ink, printing, &c.y ani the profits thereon belong exclusively to him. On these he lost nothing, for it was decided that the printer of the paper could not be oalled npon to bear any share in the general loases acoruing to the publishing department. The whole of the £IBO,OOO has now been paid off, and as the circulation of the paper and its receipts for advertisements have increased, it ia reokoned that a dividend of £2OOO will be paid per share at the close of this year,